Finance
Public Participation Growth Fund to get second tranche as sellout prompts additional supply plan
South Korea’s Financial Services Commission chairman Lee Eok-won (이억원) said authorities will prepare and launch a second tranche of the Public Participation Growth Fund after the first offering sold out. The 600 billion won fund saw 87 percent of its allocation taken up on the first day and was fully sold within five business days. Lee said details on the size and timing of additional supply will be announced later.
